Ta-Ta Towels
Dealstop boob sweat
Ta-Ta Towels is a stop boob sweat that got its big break on Shark Tank in Season 10, and convinced Lori Greiner to invest.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 10%
- Offered equity
- $2M
- Sought valuation
- $200K
- Deal amount
- 40%
- Deal equity
- $500K
- Deal valuation
The team stepped onto the carpet in Season 10, Episode 2 in the episode that aired October 14, 2018. Ta-Ta Towels, the stop boob sweat, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
The ask was $200,000 for 10% of the company, an implied valuation of $2M.
Lori Greiner made the deal at $200,000 for 40% equity. That priced the company at $500K, a haircut from the $2M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 10 saw 92 pitches, and 63 of them closed a deal on air. In the Fashion & Beauty category overall, roughly 58% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Ta-Ta Towels?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Ta-Ta Towels get a deal on Shark Tank?
Yes. Ta-Ta Towels closed a deal for $200,000 in exchange for 40% equity, with Lori Greiner.
Which shark invested in Ta-Ta Towels?
Lori Greiner invested in Ta-Ta Towels ($200,000 total as aired).
What season of Shark Tank was Ta-Ta Towels on?
Ta-Ta Towels appeared in Season 10, Episode 2, which aired October 14, 2018.
How much was Ta-Ta Towels asking for on Shark Tank?
The founders asked for $200,000 for 10% of the company, a $2M valuation.
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